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Ellsworth Growth andome Fund (Ellsworth Growth andome Fund) 5-Year RORE % : 31.26% (As of Sep. 2023)


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What is Ellsworth Growth andome Fund 5-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Ellsworth Growth andome Fund's 5-Year RORE % for the quarter that ended in Sep. 2023 was 31.26%.

The industry rank for Ellsworth Growth andome Fund's 5-Year RORE % or its related term are showing as below:

ECF's 5-Year RORE % is ranked better than
65.91% of 1373 companies
in the Asset Management industry
Industry Median: 6.93 vs ECF: 31.26

Ellsworth Growth andome Fund 5-Year RORE % Historical Data

The historical data trend for Ellsworth Growth andome Fund's 5-Year RORE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ellsworth Growth andome Fund 5-Year RORE % Chart

Ellsworth Growth andome Fund Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
5-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.87 36.87 32.38 857.50 31.26

Ellsworth Growth andome Fund Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
5-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.38 -56.95 857.50 894.81 31.26

Competitive Comparison of Ellsworth Growth andome Fund's 5-Year RORE %

For the Asset Management subindustry, Ellsworth Growth andome Fund's 5-Year RORE %, along with its competitors' market caps and 5-Year RORE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ellsworth Growth andome Fund's 5-Year RORE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ellsworth Growth andome Fund's 5-Year RORE % distribution charts can be found below:

* The bar in red indicates where Ellsworth Growth andome Fund's 5-Year RORE % falls into.



Ellsworth Growth andome Fund 5-Year RORE % Calculation

Ellsworth Growth andome Fund's 5-Year RORE % for the quarter that ended in Sep. 2023 is calculated as:

5-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 5-year -Cumulative Dividends per Share for 5-year )
=( 0.367-0.904 )/( 2.932-4.65 )
=-0.537/-1.718
=31.26 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of 5-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Sep. 2023 and 5-year before.


Ellsworth Growth andome Fund  (AMEX:ECF) 5-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 5-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Ellsworth Growth andome Fund 5-Year RORE % Related Terms

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Ellsworth Growth andome Fund (Ellsworth Growth andome Fund) Business Description

Traded in Other Exchanges
Address
One Corporate Center, Rye, NY, USA, 10580-1422
Ellsworth Growth and Income Fund Ltd operate as a closed-end, diversified management investment company. Its investment objective is to provide income and the potential for capital appreciation, which objectives the Fund considers to be relatively equal over the long term due to the nature of the securities in which it invests. The company invests in convertible and equity securities. It invests in various sectors, such as healthcare, financial services, computer software and services, energy and utilities, real estate investment trusts, semiconductors, telecommunications, business services, food and beverage, consumer products, transportation, consumer services among others.
Executives
Anthonie C Vanekris director ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
Kuni Nakamura director 1 MARTIN BUTLER COURT, RYE NY 10580
James Andrew Dinsmore officer: Vice President C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, SUITE 550, MORRISTOWN NJ 07960
Kinchen C Bizzell director C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, SUITE 550, MORRISTOWN NJ 07960
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
James P Conn director
Gary I Levine other: former Exec. VP and CFO C/O DINSMORE CAPITAL MANAGEMENT, 65 MADISON AVE, MORRISTOWN NJ 07960
Nicolas W Platt director C/O DINSMORE CAPITAL MANAGEMENT, 65 MADISON AVENUE, MORRISTOWN NJ 07960
Michael J Melarkey director ONE CORPORATE CENTER, RYE NY 10580
Agnes Mullady officer: Treasurer ONE CORPORATE CENTER, RYE NY 10580
Mario J Gabelli director, other: Control Person of Adviser 191 MASON STREET, GREENWICH CT 06830
Fahrenkopf Frank J Jr director ONE CORPORATE CENTER, RYE NY 10580
Davis Dinsmore Management Co/nj other: Investment Adviser 65 MADISON AVE, SUITE 550, MORRISTOWN NJ 07960
Thomas H Dinsmore director, officer: Chairman of the Board C/O DINSMORE CAPITAL MANAGEMENT, 65 MADISON AVE, MORRISTOWN NJ 07960

Ellsworth Growth andome Fund (Ellsworth Growth andome Fund) Headlines